Nokia Siemens Networks is in talks to buy the telecom-equipment arm of Motorola, people familiar with the matter told the Wall Street Journal. The two companies are discussing terms, and a deal could be worth USD 1.1-1.3 billion, one of the people said. A deal could be reached in the next few weeks. Huawei was also looking at the Motorola unit, but negotiations with the company have cooled, perhaps due to concerns about clearing security hurdles, the paper said.
